Handbook home
Finance 1 (FNCE10001)
Undergraduate level 1Points: 12.5On Campus (Parkville)
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Summer Term
Summer: david.robinson@unimelb.edu.au
Overview
Availability | Summer Term |
---|---|
Fees | Look up fees |
This subject introduces students to finance and provides them with fundamental principles and institutional knowledge to progress in the discipline. Topics include direct financing and security yields, banking and the money market, the bond and equity markets, offshore finance and foreign exchange, the behaviour of financial variables, interest rate risk management and derivative securities. These topics will be used to illustrate fundamental financial concepts such as risk, return, and present value.
Intended learning outcomes
- Provide an overview of a `developed' financial system
- Distinguish between the basic types of financial instruments and their main institutional users and issuers
- Appreciate basic concepts in finance, including risk, return, arbitrage, primary claims and contingent claims
- Apply financial mathematical techniques to financial instruments
- Explain the operation of capital and derivatives markets reflect upon the process of financial innovation
Generic skills
-
High level of development: interpretation and analysis; critical thinking; synthesis of data and other information; accessing data and other information from a range of sources.
-
Moderate level of development: oral communication; written communication; problem solving; statistical reasoning; application of theory to practice; evaluation of data and other information.
-
Some level of development: collaborative learning; team work; use of computer software.
Last updated: 11 April 2024
Eligibility and requirements
Prerequisites
A study score of at least 25 in English (any) or equivalent and Mathematical Methods in VCE Units 3 & 4 or equivalent
OR
Code | Name | Teaching period | Credit Points |
---|---|---|---|
MAST10012 | Introduction to Mathematics |
Summer Term (Online)
Semester 1 (On Campus - Parkville)
|
12.5 |
OR
Entry into the Bachelor of Commerce
OR
Entry into the Bachelor of Science
OR
Entry into the Bachelor of Biomedicine
Corequisites
None
Non-allowed subjects
Students who have completed
Code | Name | Teaching period | Credit Points |
---|---|---|---|
FNCE20001 | Business Finance |
Semester 1 (On Campus - Parkville)
Summer Term (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
Recommended background knowledge
Please refer to Prerequisites and Corequisites.
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 11 April 2024
Assessment
Additional details
- Group Assignment, 1500 word research report by a group of 2 to 3 students (requiring 10-15 hours of work per student), due at the end of the second week of teaching in Summer term (after Topic 6) (15%)
- Tutorial participation throughout the semester (10%)
- 2-hour end-of-semester examination (75%)
Hurdle requirement: To pass this subject, students must obtain at least 50% in the examination.
Last updated: 11 April 2024
Dates & times
- Summer Term
Principal coordinator David Robinson Mode of delivery On Campus (Parkville) Contact hours Two hours of lectures and a 1-hour tutorial per week (Sem 1, 2) Summer: 24 hours of lectures and 12 hours of tutorials Total time commitment 170 hours Teaching period 9 January 2017 to 3 February 2017 Last self-enrol date 13 January 2017 Census date 20 January 2017 Last date to withdraw without fail 3 February 2017 Assessment period ends 17 February 2017 Summer Term contact information
Summer: david.robinson@unimelb.edu.au
Time commitment details
170 hours
Last updated: 11 April 2024
Further information
- Texts
Prescribed texts
Financial Institutions and Markets (B Hunt and C Terry), (7th edn), Thomson, Australia, 2015.
- Related Handbook entries
This subject contributes to the following:
Type Name Breadth Track Ethics and Investing Breadth Track Fundamentals of Finance and Accounting Breadth Track Real Estate and the Australian Dream Breadth Track Your Money or Your Life Breadth Track Economics and Finance - Breadth options
This subject is available as breadth in the following courses:
Last updated: 11 April 2024